IOT Startup incubation
Starting as an innovation project for Insurance company James Hallam, we went through the various phases of workshop, prototype, pre-selling the concept to strategic partners and raising investment.
This business focuses on ensuring health & safety practices are undertaken as expected, using IOT (internet of things) to match the physical world and digital world. Data generated can be fed into risk pricing models of insurance companies – enabling dynamic pricing.
Result:
- Raised investment pre build from strategic partners
- Trials at Burger King, Nandos and top London hotels
- In discussion with major insurance partners to roll out in a B2B2B strategy
- Enabled a >50% increase in guest satisfaction in some of the locations trials
